NewsBite

ECB leaves rates unchanged as it assesses impact of US tariffs

Frankfurt | The European Central Bank has left interest rates unchanged as it waits to see how big a blow US President Donald Trump’s tariffs will inflict on the economy before deciding whether to cut rates again.

The bank’s governing council announced Thursday at its skyscraper headquarters in Frankfurt that it would leave its benchmark deposit rate at 2 per cent.

Loading...

AP

Read More

Latest In Europe

Fetching latest articles

Most Viewed In World

    Original URL: https://www.afr.com/world/europe/ecb-leaves-rates-unchanged-as-it-assesses-impact-of-us-tariffs-20250724-p5mhns